How can I balance a diversified portfolio?
Balancing a diversified portfolio involves allocating your investments across various asset classes to minimize risk. What assets do you currently hold?
I have stocks, bonds, and some real estate.
Great! A common approach is to use the 60/40 rule, where 60% is in stocks and 40% in bonds. Would you like to adjust this based on your risk tolerance?
Yes, I'm more risk-averse.
In that case, you might consider a higher allocation to bonds, perhaps 70% bonds and 30% stocks. Would you like to explore specific investment options?
Yes, what types of bonds should I consider?
You could look into government bonds for stability or corporate bonds for higher yields. Would you like more details on either?
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